On average, listings lease in the $40's per square foot per year. The East Bay region is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the East Bay market, the East Bay region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 721 listings have been posted online, so you'll want to check back regularly for new listings. About 60% of the available leases in the East Bay are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,040 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1983 and are Class B.